Vault-13

FIRST MAJESTIC SILVER CORP AGCN 0.375 01.15.27

NOTE 0.375% 1/1 · GLOBAL · CUSIP 32076VAD5

5 institutional holders +0 vs Q1 2026
$49.6mprincipal reported held*
$60.5mreported value*
1 new 1 added 2 reduced 1 sold out net sold ≈ $5.0m (-10.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q4 22: 12Q1 23: 13Q2 23: 14Q3 23: 21Q4 23: 23Q1 24: 19Q2 24: 25Q3 24: 23Q4 24: 25Q1 25: 23Q2 25: 20Q3 25: 18Q4 25: 5Q1 26: 5Q2 26: 55Q4 22Q4 23Q4 24Q4 25Q2 26
Numbers
QuarterHolders
Q4 202212
Q1 202313
Q2 202314
Q3 202321
Q4 202323
Q1 202419
Q2 202425
Q3 202423
Q4 202425
Q1 202523
Q2 202520
Q3 202518
Q4 20255
Q1 20265
Q2 20265

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 24: 3 bought or addedQ3 24: 12 cut or sold outQ4 24: 10 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 6 cut or sold outQ2 25: 6 bought or addedQ2 25: 6 cut or sold outQ2 25Q3 25: 6 bought or addedQ3 25: 7 cut or sold outQ4 25: 3 bought or addedQ4 25: 16 cut or sold outQ4 25Q1 26: 2 bought or addedQ1 26: 3 cut or sold outQ2 26: 2 bought or addedQ2 26: 3 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024312
Q4 2024108
Q1 202586
Q2 202566
Q3 202567
Q4 2025316
Q1 202623
Q2 202623

Biggest buyers

Balyasny Asset Management L.P. New +5,900,000+5.9m
ZAZOVE ASSOCIATES LLC Added +400,000+400.0k

Biggest sellers

Balyasny Asset Management L.P. Sold out -10,400,000-10.4m
LAZARD ASSET MANAGEMENT LLC Reduced -17,000-17.0k
Claret Asset Management Corp Reduced -1,000-1.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PenderFund Capital Management Ltd. 6.20% of their portfolio VANCOUVER, A1 38,740,00038.7m $48.4m $48.4m 6.20% Unchanged
2 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 5,900,0005.9m $7.2m $7.2m 0.01% New
3 ZAZOVE ASSOCIATES LLC 0.30% of their portfolio INCLINE VILLAGE, NV 3,000,0003.0m $3.7m $3.7m 0.30% Added +400.0k +400,000
4 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 991,000991.0k $12.4k $12.4k 0.00% Reduced -17.0k -17,000
5 Claret Asset Management Corp 0.13% of their portfolio MONTREAL, A8 984,000984.0k $1.2m $1.2m 0.13% Reduced -1.0k -1,000